This is difficult, but someone is supposed to ask this eventually:

How much do you enjoy handling employee expenses and overseas travel reports? What feelings do you experience when entering the data into your ERP system, preparing overseas travel reports according to the relevant regulations for the tax year, and how often does the employee reimbursement in the salary not match the invoices that were submitted and later entered because there was no time to process them before salary preparation?

We’re almost certain we know what your answers will be… and we empathize. This is definitely not the simplest or easiest part of an accountant’s job.

In today’s business reality, where many employees travel abroad for business and work remotely, the need for smart and efficient management of employee expenses has become critical.
Top level bookkeeping.IL is always looking for the most up-to-date and efficient solutions with one clear goal: to make accountants’ jobs easier, to maximize the quality and accuracy of the work with minimal effort from accounting teams and financial staff in companies.

We are happy to announce that we have found such a solution and have formed a business collaboration with the REFUNDLY software, which specializes in managing employee reimbursements and overseas travel reports.

REFUNDLY can be a natural complement to DOKKA – the perfect solution for managing, receiving, and archiving invoices. REFUNDLY and DOKKA create a perfect cycle of efficient document handling in the company.

Features of REFUNDLY:

• A cloud-based system for monitoring and approving employee expenses, which takes into account regulatory laws (the software automatically updates the limits for recognizing overseas travel expenses for the relevant tax year).
• Approval workflow settings according to employee rank and type of expense, full enforcement of corporate expense reimbursement policy.
• Integrated solution for reporting employee expenses both locally and abroad, using a user-friendly mobile app that scans receipts and minimizes the actions required from employees, making it easier for accountants to process the data.
• Interfaces with HR and financial systems (ERP).
• Reports and dashboards, including analysis of surpluses for overseas travel.
• Significant time savings (up to 75%) in employee reimbursement processing.
• Improved accuracy by reducing manual entries, creating an efficient paperless workflow.
• Real-time transparency and a complete picture for analyzing employee expenses both locally and abroad.
• Creation of complete overseas travel reports for annual audit reviews while working regularly.
• Monthly subscription at a very reasonable price.